Basement Flat, 122 Grosvenor Place, Margate, CT9 1UY is a freehold terraced property built between 1900-1929. The property offers approximately 603 square feet of living space. In this location, properties of similar size usually have one bedroom.

The estimated current market value of the property is £299,792 , which equates to approximately £497 per square foot. It was last sold on 23 Oct 2015 for £190,000. Since then, the value has increased by £109,792, representing a 57.8% increase, or approximately 5.7% per year.

The current estimated value of £299,792 is:

  • 12.7% higher than the average property price on Grosvenor Place
  • 49.7% higher than the average in the CT9 1UY postcode area
  • and 6.2% higher than the average price for Margate as a whole

At the most recent EPC inspection on 10 May 2021, the property was recorded as owner-occupied.

View sold house prices in CT9 1UY

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
603 sq ft
Tenure
Freehold
Price (estimate)
£299,792
Price Per sq ft (estimate)
£497
Bedroom Count (estimate)
1 bedroom

EPC Summary

Basement Flat, 122 Grosvenor Place, Margate, Thanet, Kent, CT9 1UY has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 10 May 2021.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are single glazed.

The previous EPC assessment was conducted on 19 Apr 2012, when the property was rated F. Since then, the rating has improved to D, with the energy efficiency score increasing by 151.9%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to boiler and radiators, mains gas, improving energy efficiency from very poor to good.
  • The hot water system was changed from electric immersion, standard tariff to from main system, with its energy efficiency improving from very poor to good.
  • The windows were upgraded from some double glazing to single glazed.
  • The lighting was changed from low energy lighting in 80% of fixed outlets to low energy lighting in all fixed outlets, with no change in efficiency (very good).
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Single glazed
Very Poor
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to CT9 1UY

13 th / 60
Price Rank
50% higher than average
22 nd / 39
Size Rank
27% smaller than average
1 st / 39
Price Per Sq FT Rank
105% higher than average

Compared to other properties in CT9 1UY , this flat's estimated value ranks 13th out of 60. Based on price per square foot, it ranks 1st out of 39 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 22th out of 39 properties in its postcode area.

Sale History

Today
£299,792
streetscan.co.uk estimate
+58 %
23 Oct 2015
£190,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 560 sq ft
sale price: £21,300
sale date: 24 May 1999
rooms: 3
size: 635 sq ft
sale price: £16,000
sale date: 21 Feb 1997
rooms: 4
size: 678 sq ft
sale price: £190,000
sale date: 28 Jun 2021
rooms: 4
size: 667 sq ft
sale price: £135,000
sale date: 23 Mar 2016
rooms: 4
size: 689 sq ft
sale price: £88,000
sale date: 17 May 2013

Data Sources

The property at Basement Flat, 122 Grosvenor Place, Margate, Thanet, Kent, CT9 1UY appears once in the Land Registry records, with the transaction recorded on 23 Oct 2015. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 10 May 2021. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


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